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Jindal Poly Films jumps on acquiring Netherlands-based packaging films business Back
(12:56, 08 Jun 2023)
JPF Netherlands Investment B.V. is a Netherlands based entity, which is engaged into the business of packaging films business through its three operational wholly owned subsidiaries based out of France, Italy, and United Kingdom.

Jindal Poly Films is engaged in diverse business activities including manufacturing of polyester film, polypropylene film, steel pipes and photographic products.

The company reported a consolidated net loss of Rs 384.98 crore in Q4 FY23 as against a net profit of Rs 492.04 crore in Q4 FY22. Net sales tumbled 57.3% to Rs 734.03 crore in Q4 FY23.

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